QE3 is supposed to work where QEs 1 and 2 did not. The beneficiaries will be the large companies so I am not surprised to see the stock market surge in the light of further stimulus. But this will benefit
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There are many small business people who contend that they cannot get a loan. The press reports that banks are sitting on their money and not loaning any. They are just making a safe spread between very low bank rates
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